Share Consolidation in Connection with a Change in Trading Unit
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2017-Q3.
- FY2017-Q3RestatedAnnual report
「As we implemented a share consolidation effective 1 October 2016 pursuant to a resolution at the 99th Annual General Meeting of Shareholders held on 29 June 2016, changing 10 shares into 1 share and reducing the number of authorized shares from 60 million to 6 million, the number of authorized shares is 6,000,000. In addition, pursuant to a resolution of the Board of Directors meeting held on 13 May of the same year, we changed the trading unit from 1,000 shares to 100 shares effective 1 October of the same year.」
The completed share consolidation and trading-unit change are reiterated as a description of the current number of authorized shares and trading unit. - FY2017-Q2AchievedAnnual report
「Pursuant to a resolution at the 99th Annual General Meeting of Shareholders held on 29 June 2016, we implemented a share consolidation effective 1 October of the same year, changing 10 shares into 1 share and reducing the number of authorized shares from 60 million to 6 million. In addition, pursuant to a resolution of the Board of Directors meeting held on 13 May of the same year, we changed the trading unit from 1,000 shares to 100 shares effective 1 October of the same year.」
The planned consolidation of 10 shares into 1 share and change in the trading unit from 1,000 shares to 100 shares were implemented effective 1 October 2016. - FY2017-Q1RestatedAnnual report
「At the 99th Annual General Meeting of Shareholders held on 29 June 2016, the proposal concerning the share consolidation was approved, changing 10 shares into 1 share and reducing the number of authorized shares from 60 million to 6 million. Accordingly, effective 1 October of the same year, the number of authorized shares will be 6,000,000. In addition, at a Board of Directors meeting held on 13 May of the same year, we resolved to change the trading unit from 1,000 shares to 100 shares effective 1 October of the same year.」
The disclosure reiterates the effective date of 1 October and the details of the share consolidation and trading-unit change. - FY2016First statedAnnual report
「The trading unit for our common shares will be changed from the current 1,000 shares to 100 shares. In addition, our shares will be consolidated at a ratio of 10 shares to 1 share in order to maintain the price per trading unit and ensure that the number of voting rights held by each shareholder does not change.」
With 1 October 2016 as the effective date, the plan to change the trading unit from 1,000 shares to 100 shares and consolidate 10 shares into 1 share was approved.